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June 18, 2026

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Economy

Fitch sees risks in FY27 budget targets
Fitch sees risks in FY27 budget targets

The rating agency says ambitious revenue and 6.5 percent growth targets may be difficult to achieve

China's May retail sales fall
China's May retail sales fall

Retail sales, a key gauge of consumption, slid 0.6% in May, reversing April's 0.2% rise and below the estimated 0.0%

Iranian rulers must face demands of angry, embittered population
Iranian rulers must face demands of angry, embittered population

Iranian economy was struggling already but hit hard again during the war

WB trims Bangladesh growth outlook to 4.6%
WB trims Bangladesh growth outlook to 4.6%

Iran war spillovers weigh on global demand, with Bangladesh’s recovery path facing sharper external headwinds

Restructuring economy is top priority: Khosru
Restructuring economy is top priority: Khosru

The government is working to reduce waste in government expenditure, reduce non-priority spending and ensure thriftiness in administrative outlay, he says

Govt to form special taskforce to ease business rules
Govt to form special taskforce to ease business rules

It will oversee deregulation aimed at improving investment climate in the country

$34bn in remittances before end of fiscal year
$34bn in remittances before end of fiscal year

Expatriates send $1.20 billion in the first 10 days of June, a Bangladesh Bank spokesman says

Budget unrealistic, susceptible to looting: Jamaat
Budget unrealistic, susceptible to looting: Jamaat

Its leaders warn corruption will rise unless governance and accountability improve

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